High Tide Reports Second Quarter 2024 Financial Results Featuring Record Free Cash Flow of $9.4 Million and Positive Net Income [Yahoo! Finance]
High Tide Inc. - Common Shares (HITI)
Company Research
Source: Yahoo! Finance
This news release constitutes a "designated news release" for the purposes of the Company's prospectus supplement dated August 31, 2023 , to its short form base shelf prospectus dated August 3, 2023 The Company Generated $9.4 Million of Positive Free Cash Flow in the Second Fiscal Quarter. The Company has Generated $22.7 Million of Positive Free Cash Flow in the Past Four Quarters, Which Represents a Trailing Free Cash Flow Yield of Over 8% Compared to the Company's Enterprise Value The Company Generated Positive Net Income of $0.2 Million , Improving From ($1.6) Million Year-Over-Year and Break-Even Sequentially High Tide Remains the Highest Revenue Generating Cannabis Company Reporting in Canadian Dollars , and for the First Time, has Reached 12-Month Trailing Revenue Level Exceeding $500 Million The Company Now Exceeds More than 1.43 Million Members of the Cabana Club, an Increase of over 38% Year-Over-Year and 8% Sequentially The Company Has Surpassed 44,000 ELITE Membe
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HITI
News
- High Tide to Open 80th Canna Cabana in Alberta [Yahoo! Finance]Yahoo! Finance
- High Tide to Open 80th Canna Cabana in AlbertaPR Newswire
- High Tide: Higher Margins Are Now The Base Scenario [Seeking Alpha]Seeking Alpha
- High Tide Reports Second Quarter 2024 Financial Results Featuring Record Free Cash Flow of $9.4 Million and Positive Net IncomePR Newswire
- High Tide Executes Binding Subscription Agreements for $15 Million in Subordinated Debt [Yahoo! Finance]Yahoo! Finance
HITI
Sec Filings
- 6/21/24 - Form 6-K
- 6/20/24 - Form 6-K
- 6/14/24 - Form 6-K/A
- HITI's page on the SEC website